Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$574,749+1.9% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$124,594About 1.7× the local median income ($74,602): hard to afford
Days on market95 daysSlower than a year ago: buyers have time to negotiate
The typical home in Hawaii County, HI is worth $574,749, up 1.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $542,362, so the area is 6.0% overvalued. It is a buyer's market: homes take about 95 days to sell, listings are up 25% from a year ago, 18% of listings have had a price cut. A household needs about $124,594 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,602. Typical rent is $2,562 a month. In the latest IRS figures, 943 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$574,749
Change in 1 year
+1.9%
Overvalued %
+6.0%
Show 6 more
Fair home value
$542,362
Change in 5 years
+20.8%
Home value to income
7.7×
Monthly mortgage payment (20% down)
$3,115
Income needed to afford it
$124,594
Property tax rate
0.28%
Rent and investing
Typical rent
$2,562
Price-to-rent ratio
18.7×
HUD Fair Market Rent, 2 bedrooms
$2,081
Show 2 more
Gross rental yield
5.35%
Cap rate (estimate)
3.48%
Market activity
Listings vs a year ago
+24.9%
Days on market
95
Listings with a price cut
18.4%
Show 3 more
Homes for sale
1,359
Pending sales per 100 listings
18
Asking price per sq ft
$488
People and jobs
Median household income
$74,602
Population change (1 year)
+0.5%
Unemployment rate
6.0%
Show 4 more
Population
210,043
Income adjusted for cost of living
$70,115
Net moves in (IRS)
+943
Cost of living (US = 100)
106.4
Schools, risk and environment
School rating (1 to 10)
3.8
FEMA hazard risk score (0 to 100)
98.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
98.9
Wildfire risk score
98.3
Walkability (1 to 20)
5.5
Road, rail and air noise
55 dB
Questions people ask
Is Hawaii County, HI overvalued?
Home prices in Hawaii County, HI are slightly above what local incomes have historically supported: fair value is about $542,362, so the area is 6.0% overvalued.
Is Hawaii County, HI a buyer's or seller's market?
Hawaii County, HI is a buyer's market: homes take about 95 days to sell, listings are up 25% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Hawaii County, HI?
Home values in Hawaii County, HI are up 1.9% over the last year.
How much do you need to earn to buy a home in Hawaii County, HI?
A household needs about $124,594 a year to afford the typical home in Hawaii County, HI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,602.